Export value of petroleum from Algeria 1990-2023
In 2023, the value of petroleum exports from Algeria amounted to over 26 billion U.S. dollars. The value decreased significantly compared to the previous year, when exports reached around 32.5 billion U.S. dollars. In the period under review, the export value peaked at nearly 53.7 billion U.S. dollars in 2008, before dropping in 2009 following the global economic downturn. Algeria is among the main oil-exporting countries in Africa, and oil rents largely contribute to its GDP.
